Indoor Harvest Corp (INQD)

[ccsykes]

Management’s shares are essentially illiquid.

Half of those shares were non-affiliate and would have been eligible under Rule 144.

But what they can do is “return them”...which helps with the narrative on the stock and can induce buying...and then turn around and sell convertible notes for cash to pay their salaries.

The people who returned shares are not getting salaries.

Eventually the stock ends up in the float no matter what they do...sell directly or return it and sell convertible debt to fund the companies admin/management costs.

This is true thus it's called a sacrifice. Returning shares and reducing expenses are efforts undertaken to benefit shareholders.

INQD has ZERO revenue...all costs have to be covered from somewhere and that somewhere is selling stock.

The Company holds a pending application to produce cannabis in Texas, one of only 40 companies and is 13th in line. Next year the Texas legislature is expected to expand the program considerably.

What's the value of holding one of the few licenses in Texas?